OPEN-SOURCE SCRIPT
Bollinger Bands Strategy with StopLoss
Updated
This is the default Bollinger Bands Strategy with a small change to support Stop Loss.
The default built-int BBS does not support Stop Loss and using it may cause large losses, specially in margin trading.
Added inputs:
The default built-int BBS does not support Stop Loss and using it may cause large losses, specially in margin trading.
Added inputs:
- Source
- Stop Loss Percentage
Release Notes
Fixed a bug: stop loss prices were not being updated after reopening new positionRelease Notes
Fixed a bug in calculating last order priceOpen-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.